TriOptima launches triResolve Margin, an automated end-to-end margin processing solution LeapRate

January 12, 2016 BY Mike Fox

TriOptima launches triResolve Margin, an automated end-to-end margin processing solution

TriOptima, the post trade infrastructure solution from ICAP plc (LON:IAP), announced today the launch of its latest post trade service, triResolve Margin, a web-based, end-to-end margin processing solution delivered in collaboration with AcadiaSoft. triResolve Margin assists market participants in meeting the challenges posed by the new regulatory requirements for margining uncleared OTC derivatives by automating the…

January 12, 2016 BY Maria Nikolova

ESMA says “NO” to proposed Greek short selling ban extension

The European Securities and Markets Authority (ESMA) on Monday said it had issued a negative opinion on a proposed extension of the emergency short selling prohibition, regarding Attica Bank S.A. (ISIN GRS001003011), proposed by the Hellenic Capital Market Commission (HCMC). The HCMC had proposed extending the prohibition on short sales in any shares of Attica Bank…

January 12, 2016 BY Maria Nikolova

First Derivatives continues acquisition spree, buys QuantumKDB

After last year's acquisitions of Prelytix, ActivateClients and Affinity Systems, provider of software and consulting services First Derivatives plc (LON:FDP) today announced one more acquisition – that of QuantumKDB (UK) Limited. FD said that it has acquired the entire issued share capital of Quantum for total consideration of up to £2.2 million, including initial consideration of…

January 12, 2016 BY Maria Nikolova

CME Group reports first trades of Aluminum Japan Premium (Platts) contracts

After unveiling an expansion to its base metals offering in November 2015, international derivatives marketplace CME Group Inc (NASDAQ:CME) on Monday announced that the first Aluminum Japan Premium (Platts) futures contracts were traded on January 8, 2016. A total of 622 futures contracts were traded. The Aluminum Japan Premium (Platts) futures contract is 25 metric tonnes…

January 12, 2016 BY Maria Nikolova

Bank of China (Hong Kong) chooses smartTrade's e-FX platform

Bank of China (Hong Kong), a major regional bank in Hong Kong, has selected provider of liquidity management systems smartTrade Technologies to deliver a low latency e-FX platform. Over the past several years, along with the growth of its e-FX business, Bank of China (Hong Kong) has been looking for a more scalable next generation…

January 12, 2016 BY Mike Fox

Brazil's largest hedge fund increases bets against euro, real and renminbi

São Paulo-based Verde oversees about 37 billion reals ($9.2 billion) in clients' money. Reports show that Verde Asset Management, Brazil's largest hedge fund based out of São Paulo, has raised up bets against the euro as well as the Brazilian and Chinese currencies on expectations that U.S. interest rate hikes and slumping oil prices would continue…

January 11, 2016 BY Maria Nikolova

UK competition regulator fast-tracks Ladbrokes/Coral merger to phase 2 investigation

The UK Competition and Markets Authority (CMA) today referred the proposed merger of gaming and betting provider Ladbrokes PLC (LON:LAD) and certain businesses of Gala Coral Group Limited, including Coral Retail, Eurobet Retail and Gala Coral’s online businesses for an in-depth phase 2 investigation. The CMA started its phase 1 investigation on December 16, 2015 and…

January 11, 2016 BY Maria Nikolova

GAIN Capital has strong December, as retail volumes rise 20.7% MoM

Gain Capital Holdings Inc (NYSE:GCAP) has managed to finish 2015 on a strong note, with retail trading volumes registering increases in both monthly and annual terms in December 2015. Retail trading volumes recovered from weak levels seen in November 2015 to record a double-digit month-on-month jump. The rise from December 2014 was also impressive at 17.3%.…

January 11, 2016 BY Maria Nikolova

Thomson Reuters FX platform registers 166% jump in options trading volumes in 2015

Thomson Reuters Corp (NYSE:TRI) has witnessed increased adoption of electronic Forex options last year, with Thomson Reuters FX dealer-to-client venue registering a 166% year-on-year jump in options trading volumes in 2015. The fourth quarter of 2015 marked record-high monthly, weekly and daily volumes with more than 36 global and local active options price-makers and over…

January 11, 2016 BY Maria Nikolova

DGCX revises margin requirements for selected currency, metal futures contracts

The Dubai Gold & Commodities Exchange (DGCX) is changing initial margin requirements for several currency and metals contracts, with the changes effective Monday, January 11th. The changes will affect the Copper, INR/GBP, USD/KRW, USD/RUB and USD/ZAR contracts. The initial margin will be reduced for the USD/KRW contracts whereas the other contracts will see higher margin…